FHA Says "Yes" to Purchase Immediately After Short Sale in Loudoun County!

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Real Estate Agent with Keller Williams Realty | Northern Virginia | 703.635.0388 0225 189802

FHA Says "Yes" to Purchase Immediately After Short Sale in Loudoun County!   

This week I had an exciting conversation with one of my most trusted lending partners.  I almost could not believe my ears when he shared with me that so long as a homeowner is current on their mortgage (Principal, Interest, Taxes and Insurance) AND any applicable HOA or Condo dues...a qualified "short sale" seller can immediately apply for an FHA loan to transition to a new home!

Of course real estate will always be a localized discipline, so lending rules and lender capabilities will vary from one geography and lender to the next.  Please check with a local real estate or lending professional who specializes in FHA loans to see if you qualify to sell as a short sale - and would be able to purchase under FHA guidelines.

If you live in the Northern Virginia (Arlington, Fairfax, Loudoun and Prince William Counties), and are experiencing a hardship where your mortgage has become overwhelming for your family, but would still like to remain a homeowner with a more manageable monthly payment - contact Lisa to confidentially discuss your options - or call 703-635-0388 to reach me immediately.

 

To speak with a knowledgeable lender, contact Andrew Siddon at George Mason Mortgage:

Andrew W. Siddon, SVP & Branch Manager

George Mason Mortgage

NMLS: 483523

703-802-5350 - Direct Line

703-980-9815 - Cell

Apply Online



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fha says yes to purchase immediately after short sale loudoun county northern virginia

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Rainer
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Jessica Holtzman
Keller Williams Realty, Inc. - Moorestown, NJ
Real Estate Agent in Southern New Jersey, CDPE

Wow, I did not realize this! What a great piece of information.  Thanks for much for the FHA update! 

Aug 29, 2012 03:50 AM #1
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Rainer
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Lisa Moroniak

SFR - Short Sale & Foreclosure Certified
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